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- It became the Dayton-Hudson Corporation after merging with the J.L. Hudson Company in 1969 and held ownership of several department store chains including Dayton's, Hudson's, Marshall Field's, and Mervyn's. In 2000, the Dayton-Hudson Corporation was renamed to Target Corporation.
en.wikipedia.org/wiki/History_of_Target_Corporation
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Mervyn's, a line of moderate-price department stores, merged with Dayton Hudson in 1978. That year Dayton Hudson became the seventh-largest general merchandise retailer in the United States, its revenues topping $3 billion in 1979.
The Dayton Company merged with the Detroit-based J.L. Hudson Company that year to become the Dayton-Hudson Corporation, the 14th largest retailer in the United States, consisting of Target and five major department store chains: Dayton's; Diamond's of Phoenix, Arizona; Hudson's; John A. Brown of Oklahoma City, Oklahoma; and Lipman's.
Target's parent company, Dayton Hudson Corp., purchased legendary Chicago-based department store Marshall Field's, making Dayton Hudson the largest department store chain in the Midwest.
In 1969, Dayton's merged with Michigan department store chain Hudson's to form the Dayton-Hudson Corporation. The Target division of the company eventually grew so large that in 2000 the corporation was renamed the Target Corporation.
The company became the Dayton-Hudson Corporation after merging with the J.L. Hudson Company in 1969 and formerly held ownership of several department store chains including Dayton's, Hudson's, Marshall Field's, and Mervyn's. The parent company was renamed the Target Corporation in 2000.
Aug 12, 2021 · In 2000, no longer under direct management of the Dayton family, but continuing these strong traditions, Dayton-Hudson was renamed Target Corporation after its primary business. In 2004, the company effectively sold off its own parentage, selling the large department store operations to the May Department Stores Company.
Jul 8, 2013 · (Reuters) - Douglas Dayton, the man who helped start Target Corp as a family-owned department store in 1961 and turned it into one of the largest discount retail chains in the United States,...
